October CPI up 2.1% year-on-year


Malaysian prices rose at their fastest pace in two years in October because of higher costs of cigarettes, alcohol and gasoline.  

The consumer price index rose 2.1% from a year earlier, the quickest since Oct 2002, the Department of Statistics said in a statement on Wednesday. The median forecast of 11 economists in a Bloomberg survey was for a 1.8% gain.  

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